How Date Factor Calculated in Siebel during Agreement Total Price Calculation (Doc ID 2151820.1)

Last updated on JUNE 20, 2016

Applies to:

Siebel CRM - Version 8.1.1.11.11 [IP2013] and later
Information in this document applies to any platform.

Goal

We had a case: To know the Agreement Total Price Calculation in Siebel.

Agreement Total Price is calculated as the Total Price of the Line Items.

Total Price of particular Line Item = Monthly List Price* Date Factor*Quantity Requested.

Where Monthly List Price is the Price available for the product
Quantity requested: No of Quantity available for the particular Line Item
Date Factor: Is calculated as the number of months between start date and end date of the line item.

Lets consider an example as Start Date 2016/04/17 End Date 2017/04/30 for the particular line Item. and the Date Factor value is 12.484

Total Price is calculated as below.

Monthly List Price[14750]
Quantity:1
Date Factor: 12.484
 
Total Price= [14750*1*12.484]= 184,139.

Here how the Date factor is calculated ?
 

Solution

Sign In with your My Oracle Support account

Don't have a My Oracle Support account? Click to get started

My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms